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Author Topic: [Sad News]: Nigerian shot dead after resisting robbers access to crypto phone  (Read 679 times)
TravelMug (OP)
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March 03, 2020, 04:52:35 AM
Merited by CryptopreneurBrainboss (2), DdmrDdmr (1)
 #1

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

R


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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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March 03, 2020, 05:01:44 AM
 #2

It's definitely sad news to see a fellow Bitcoin supporter shot dead just because of owning it. You can never turn back time, it's important to take actions and precautions as early as now to prevent this kind of event happening. I did read the article and it's scary to think that this could happen to anyone. Be vigilant.

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March 03, 2020, 05:05:26 AM
 #3

It's definitely sad news to see a fellow Bitcoin supporter shot dead just because of owning it. You can never turn back time, it's important to take actions and precautions as early as now to prevent this kind of event happening. I did read the article and it's scary to think that this could happen to anyone. Be vigilant.

Yeah, for a measly $400, your life can be taken like that, and for those criminals, I do hope that the justice  system will put them behind bar for years to come.

And for us crypto enthusiast, the dangers are real, we should exposed ourselves because we really don't know that the person behind us is plotting to steal and worst will not think twice to kill us just to get our bitcoins.

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March 03, 2020, 05:13:59 AM
 #4

Boasting about beautiful girlfriend and fat pay checks is not a right thing to do, especially when you live in a lawless country like Nigeria! You can't hide your beautiful girlfriend but you can definitely hide your finances! $10,000 USD in Nigeria is worth 3.6 million Naira, so you can understand how big that amount is for an average Nigerian. So the holder should have kept quite about it! But unfortunate death is always a Sad news! May his soul rest in peace!  

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March 03, 2020, 05:18:56 AM
 #5

"The victim, Iroro Wisdom Ovie, a father of two, was beaten and shot by unknown gunmen last month at his Lucas area residence along the Police Station axis of Abraka."

Really really unfortunate, but the dude should've taken the small additional effort to at least try to transact on the police station itself(or at least literally outside the doors of the police station). This probably shouldn't have happened if he took the extra safety precautions. RIP.

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March 03, 2020, 05:36:17 AM
 #6

but I guess everyone in crypto should understand the dangers whether online and offline.

it is a sad news but it is not a bitcoin or cryptocurrency related one. every single day lots of people are being killed in armed robberies all around the world specially in countries with high crime rate such as US. it is sad but it keeps on happening even when people take a lot of precautions themselves.

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March 03, 2020, 05:45:51 AM
 #7

It is strange that this is getting media attention, because people are getting robbed every day and it is not getting special attention.  Roll Eyes I guess the fact that they thought that this guy is having $10 000 worth of Crypto currencies on his phone, makes this news worthy.  Tongue

A lot of us are walking around with mobile phones, linked to Banking Apps that gives robbers access to all our money in our Bank accounts. So it is not just Bitcoiners that are vulnerable, because the money in your Bank accounts are just the same.

These criminals will cut off your finger to get your password and there are not a lot you can do about that. To prevent large losses, rather keep a high percentage of your coins in cold storage and do not talk about it.

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March 03, 2020, 05:58:14 AM
 #8

Jumping on someone to get him to give you the seeds/private keys/passwords is the most stupid thing someone could do. If they were hackers, it must have been their last resort to accomplish the task. Roll Eyes

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March 03, 2020, 06:02:53 AM
 #9

It is strange that this is getting media attention, because people are getting robbed every day and it is not getting special attention.  Roll Eyes I guess the fact that they thought that this guy is having $10 000 worth of Crypto currencies on his phone, makes this news worthy.  Tongue
Crypto + negative news = clicks I guess.  Undecided

A lot of us are walking around with mobile phones, linked to Banking Apps that gives robbers access to all our money in our Bank accounts. So it is not just Bitcoiners that are vulnerable, because the money in your Bank accounts are just the same.
Definitely, it's just that it's far riskier to do this with mobile banking simply because a name is affiliated with your bank account number. As with bitcoin, you could potentially get away with it if you mix your coins and don't do something stupid.

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March 03, 2020, 06:12:51 AM
 #10

Jeez, bad guys already have intentions even in much high technology related.
This should be also be lesson for some people who keep sharing the amount of their Bitcoins, well it's really *not so* advisable but still the more people know that you have Bitcoins  especially the amount, the more risk. It's also the same with fiat and any other cryptocurrency.

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March 03, 2020, 06:29:04 AM
 #11

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

I dont know what people think for just $400 you will kill a person that's un acceptable.

You will count moredays in jail than finding a job to earn decent amount,if you will do such crime .

If you are a bitcoin holder's you should always be aware who to share your important information about your holdings there are always people behind you that just waiting for a moment to rub it from you.
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March 03, 2020, 06:42:08 AM
 #12

It's definitely sad news to see a fellow Bitcoin supporter shot dead just because of owning it. You can never turn back time, it's important to take actions and precautions as early as now to prevent this kind of event happening. I did read the article and it's scary to think that this could happen to anyone. Be vigilant.

It's sad that this man died,but telling other people that you have bitcoins in a wallet in your phone is the most stupid thing to do.I would never tell anyone that I have bitcoins,I would never store them in a wallet in my Android device.How the hell they knew that he had 10K USD?Was he lying and bragging about having lots of BTC?You shouldn't tell other people how much money you have.Especially in a third world country.

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March 03, 2020, 07:37:52 AM
 #13

"The victim, Iroro Wisdom Ovie, a father of two, was beaten and shot by unknown gunmen last month at his Lucas area residence along the Police Station axis of Abraka."

Really really unfortunate, but the dude should've taken the small additional effort to at least try to transact on the police station itself(or at least literally outside the doors of the police station). This probably shouldn't have happened if he took the extra safety precautions. RIP.

It's saddens me to know that there are people who needs to suffer like this because of money/crypto. I guess the robbers are aware that the victim was a crypto user. He should have surrendered his funds rather than fighting for it which has put his life at a big risk. Battling for our earnings and our lives has no sense if we'll lose both of it. Just a reminder for everyone, we should know how to keep things in private so it will not attract criminals which could ruin our lives.
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March 03, 2020, 07:57:05 AM
 #14

This is a reminder that Bitcoin and crypto are not a game, Bitcoin is actual money and if you keep your fiat account balance hidden from others, the same should be applied to your crypto balances...
People will do anything for money, and the word is spreading.... so when crypto is well known, chances are that the robbers no long want your ATM code, but are actually searching for your private keys...

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March 03, 2020, 08:00:24 AM
 #15

"The victim, Iroro Wisdom Ovie, a father of two, was beaten and shot by unknown gunmen last month at his Lucas area residence along the Police Station axis of Abraka."

Really really unfortunate, but the dude should've taken the small additional effort to at least try to transact on the police station itself(or at least literally outside the doors of the police station). This probably shouldn't have happened if he took the extra safety precautions. RIP.

It's saddens me to know that there are people who needs to suffer like this because of money/crypto. I guess the robbers are aware that the victim was a crypto user. He should have surrendered his funds rather than fighting for it which has put his life at a big risk. Battling for our earnings and our lives has no sense if we'll lose both of it. Just a reminder for everyone, we should know how to keep things in private so it will not attract criminals which could ruin our lives.
So it's best to keep quiet so that criminals don't have the interest or tendency to steal our hard-earned money. It is better to keep quiet and not to let others know about the possible income we have in crypto as this may cause us to risk our lives. It's best to be careful because even outside the internet there are still criminals who try to steal our hard earned money.
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March 03, 2020, 08:02:01 AM
 #16

This is one sad news. RIP to the victim.

Robberies do happen, all the time. It does not matter whether what one has is in crypto, in fiat, in precious collection, in jewelries, and so on. One of the advice of the authorities when someone is robbing you, especially at gun point, is to just give what the robber wants. It is pointless to resist when what is at risk is your life itself.

On a side note, the transparency that crypto gives to its users may actually be a double-edged sword. How much your wallet contains is open to the whole public if your address is known. It is therefore best to maintain several addresses so that if you own a significant amount of crypto you can divide them up and store them in different addresses. Better this way than become a prey to criminals.

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March 03, 2020, 08:48:19 AM
 #17

For $400 money, a life has been loss. Maybe the rumor of having a $10k on his wallet will be the greatest gossip of his life. People should not or at least tell how much is in your posession cause other people will probably get tempted with it. Sad thing is, cryptocurrency has been involved. Hacking is a common scene in cryptocurrency but this one is worse which violence has been made just to get the funds. So sad, RIP for the guy.



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March 03, 2020, 11:10:34 AM
 #18

Robbery goes wrong, taking someone's like at $400? What kind of person can do that, specially people that they know of? You can't blame the victim though, we can say that he should have given it to the robbers, but as crypto enthusiast, we know how hard it is to earn Bitcoin.

I do hope that the justice system in Nigeria is firm and fair. Give those criminals what they deserve for, and for us, don't do anything that can attract people, keep a low profile, never talk about our crypto, specially in public and even to people that we know of.

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March 03, 2020, 11:20:33 AM
 #19

Sad to hear that people are still robbing people at gunpoint these days, this is such a rare occurrence in my country that I'm not even sure it happens at all.

I guess not everybody is so lucky.

Glad to see that these apps make it practically impossible for muggers to get away with the money though, if it was cash in his wallet or a credit card they would have been home free by now, but the security of these wallets kept them at bay. All that money is probably completely lost now though, since nobody will be able to login to the wallet to recovery his funds.
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March 03, 2020, 11:22:09 AM
 #20

For $400 money, a life has been loss. Maybe the rumor of having a $10k on his wallet will be the greatest gossip of his life. People should not or at least tell how much is in your posession cause other people will probably get tempted with it. Sad thing is, cryptocurrency has been involved. Hacking is a common scene in cryptocurrency but this one is worse which violence has been made just to get the funds. So sad, RIP for the guy.
$400 might look small but it isn't in Nigeria. $400 is around 140,000 naira which is more than what many bankers earn in a month. Aside from the crypto ish, Nigeria is a lawless country and unfortunately, not even police officers can save him because they are even more dangerous than harm robbers. It is becoming a norm for police officers to search citizens phones in Nigeria and ones they discover bitcoin wallets that have money ( for many of them that know what bitcoin is), you cannot go free  Grin you will have to settle them or they will detain you.
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March 03, 2020, 11:28:15 AM
 #21

The robbers might have really known much information about the victim to know that he deals in cryptocurrencies.  We all need to be vigilant of our security and the people we share our online dealings with. This is really sad news to hear at this time and moment, my heart really goes out to the family of the victim at this sorrowful time.

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March 03, 2020, 11:28:19 AM
 #22

Thanks for sharing this news, everyone regardless of how much they are holding should be aware of the possible risk.
Some people may think that once you are involved in crypto, you are holding a good amount of money, that kind of misconception might lead us to danger.

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March 03, 2020, 11:29:10 AM
 #23

This news is full of sadness, killing a person because of such a relatively small amount of money. Apparently, the deceased once lost his caution and, perhaps, told someone about his Bitcoins, perhaps even the same killers. It's scary of course to read this.

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March 03, 2020, 11:39:56 AM
 #24

Sad story but I guess this is what can happen in a country where people are desperate for enough money just to live. Terrible shame he was killed for what some of us see as a trivial amount of BTC.

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March 03, 2020, 03:03:59 PM
 #25

This news is devastatingly alarming. Aside from the precautionary measures that everyone should be practicing, we should also be reminded that sharing of too much information about our private transactions and current status is a great threat to our security. When it comes to money, may it be flat or cyrptocurrency, we should be cautious of our actions and vigilant to our decisions regardless of the amount we possess. Along with the fame that Bitcoin gains through time, is the danger that is being formed unto the minds of people who wants to take advantage.


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March 03, 2020, 03:24:39 PM
 #26

Jumping on someone to get him to give you the seeds/private keys/passwords is the most stupid thing someone could do. If they were hackers, it must have been their last resort to accomplish the task. Roll Eyes
I guess you didn't read the post carefully. Hackers were not the ones to shoot the guy.
The victim's friend knew that he had $10k worth of bitcoin in his wallet and so he had all of this planned.
He gathered some more people and encountered this murder.
I feel pity for the victim since his own friend did this to him.

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March 03, 2020, 03:28:01 PM
 #27

This is why we should never tell anyone about our cryptocurrency holdings. Not even my close friends and family members know that I own cryptocurrency. Now this strategy has its own risks. For example, if something happens to me, then the wallet will become inaccessible and the coins would be lost forever. But compared to the risks if my coin holdings are publicized, I would rather choose this.
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March 03, 2020, 03:36:12 PM
 #28

It is strange that this is getting media attention, because people are getting robbed every day and it is not getting special attention.  Roll Eyes I guess the fact that they thought that this guy is having $10 000 worth of Crypto currencies on his phone, makes this news worthy.  Tongue

It can teach people to keep their mouths shut about crypto and how to carefully choose who you are dealing with, especially if you are in a dangerous country like Nigeria. These days cashless payments are very popular so many people have forgot about the danger of dealing with large sums in cash, and Bitcoin has a lot of similarities with cash.

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March 03, 2020, 03:38:44 PM
 #29

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.
Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.
It is a really unfortunate event and to loose your life because someone you know wanted to rob that from you. This is where you should be aware of whom you are disclosing about your investment and how much you hold as this is not the first horrific incident regarding robbers targeting crypto investors, i have seen these kind of similar incidents from Netherlands and the UK in the past. Morale for everyone is never flaunt your wealth even to your friends or in social media.
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March 03, 2020, 03:44:40 PM
 #30

Well, just don't tell anyone you're holding anything of value. Maybe it's not the closer ones who'd have some bad intentions, but you never know who might hear the information about your holdings and shit might happen.

If you're holding some valuable asset, keep the info to yourself. It's just common sense: you don't tell anyone that some ounces of gold are sitting in a vault inside your home, do you?

Unfortunate events happen so do mistakes. Should be a lesson for those who can still prevent this from happening..
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March 03, 2020, 03:49:20 PM
 #31

This is why we should never tell anyone about our cryptocurrency holdings. Not even my close friends and family members know that I own cryptocurrency. Now this strategy has its own risks. For example, if something happens to me, then the wallet will become inaccessible and the coins would be lost forever. But compared to the risks if my coin holdings are publicized, I would rather choose this.
The amount of money / assets that he's holding is not enough for his life, sad to say that from each individuals we do have our own interpretation of keeping our investment, this guy can easily give the money to the robber and think about his safety. But he did the other side and try to keep his crypto than concerning his own life.
Keep yourself safe from this kind of incident by secretly and quitely stored your assets away from the knowledge of others.
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March 03, 2020, 04:12:57 PM
 #32

Jumping on someone to get him to give you the seeds/private keys/passwords is the most stupid thing someone could do. If they were hackers, it must have been their last resort to accomplish the task. Roll Eyes
I guess you didn't read the post carefully. Hackers were not the ones to shoot the guy.
The victim's friend knew that he had $10k worth of bitcoin in his wallet and so he had all of this planned.
He gathered some more people and encountered this murder.
I feel pity for the victim since his own friend did this to him.
If this is true then it will be very easy to the authorities to get the justice for the victim. And I'm thinking, if the victim is not giving his access to his crypto on his phone then why shoot him? the suspect could have just kidnapped him until he let go of his private keys or something that unlocks it then he could set him free after. My wild guess is that the suspect only thinks of the value on his phone and does not know any thing about crypto security.
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March 03, 2020, 04:16:37 PM
 #33

The sad truth is that there was never a $10,000 in that wallet, it seems like holding your own bitcoin is not safe now if you can't keep it confidential, you should also not be vocal that you are a crypto enthusiast to avoid wrong assumption that you also hold bitcoin.

It's actually sad to read this kind of news, but we are in-charge of our funds and our life, and if we are just educated with the risk, we should know the right approach in handing our funds safely.

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March 03, 2020, 04:20:35 PM
 #34

It is sad to read this kind of story.  I believe whether it is in paper money or digital currency, we should be silent about how much we are holding. We never knew what is the intention of people around us, just like what the article is assuming about the victim's friend plotting all of those bad things just to have access to the cryptocurrency that the victim is holding in his mobile phone.  If the victim did not tell anyone about his holdings, that incident won't have happened.  So the lesson learned from this sad incident is to stay quiet about our crypto or cash holdings whether it is big or small.

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March 03, 2020, 04:21:55 PM
 #35

Jumping on someone to get him to give you the seeds/private keys/passwords is the most stupid thing someone could do. If they were hackers, it must have been their last resort to accomplish the task. Roll Eyes
I guess you didn't read the post carefully. Hackers were not the ones to shoot the guy.
The victim's friend knew that he had $10k worth of bitcoin in his wallet and so he had all of this planned.
He gathered some more people and encountered this murder.
I feel pity for the victim since his own friend did this to him.
If this is true then it will be very easy to the authorities to get the justice for the victim. And I'm thinking, if the victim is not giving his access to his crypto on his phone then why shoot him? the suspect could have just kidnapped him until he let go of his private keys or something that unlocks it then he could set him free after. My wild guess is that the suspect only thinks of the value on his phone and does not know any thing about crypto security.
An insider (friend to the deceased) is the major culprit he was responsible for killing having connived with robber I believed it's better to reveal any crypto assets to a trusted family member to a betrayal,  $10,000 is a huge amount of money in Nigeria, a friend can later be one's enemy when it comes to money matters.

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March 03, 2020, 04:24:01 PM
 #36

It is strange that this is getting media attention, because people are getting robbed every day and it is not getting special attention.  Roll Eyes I guess the fact that they thought that this guy is having $10 000 worth of Crypto currencies on his phone, makes this news worthy.  Tongue

It can teach people to keep their mouths shut about crypto and how to carefully choose who you are dealing with, especially if you are in a dangerous country like Nigeria. These days cashless payments are very popular so many people have forgot about the danger of dealing with large sums in cash, and Bitcoin has a lot of similarities with cash.

i think part of the problem with some of the victims that boast the amount of money they have publicly is that they came to that money in a short time with little to no effort so they don't know how to deal with it. otherwise usually people who have earned their wealth through blood sweat and tears protect it a lot better and boast about it a lot less specially not in public.

There is a FOMO brewing...
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March 03, 2020, 04:27:00 PM
 #37

Jeez. This is not just a sad news, but terrifying to think that people would think that cryptocurrency holders are rich that they would rob them. I think the the stereotype is spreading that robbers think that all Bitcoin holders are making a lot of money. I think this shouldn't have happened if he just kept this to himself and stayed anonymous about his Bitcoin holdings. We never know who will sell or betray us out. For $400, definitely not worth it.
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March 03, 2020, 04:31:56 PM
 #38

Well, just don't tell anyone you're holding anything of value.
Really, it was a pretty sad event and I think this event should be a valuable lesson for the bitcoin community to never reveal the amount of assets they have even to the people closest to them even though its just not real.
Crimes involving money and property are common in various parts of the world and Nigeria is no exception. Robberies that cause casualties for victims almost every day occur and I think revealing the amount of wealth in the form of bitcoin and other crypto to others is something we must avoid to minimize crime. I think crime occurs not only because there is an intention, but also when there is an opportunity. So it is not wise to reveal our wealth to others even though it is your own friend.

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March 03, 2020, 04:47:53 PM
 #39

For $400 money, a life has been loss. Maybe the rumor of having a $10k on his wallet will be the greatest gossip of his life. People should not or at least tell how much is in your posession cause other people will probably get tempted with it. Sad thing is, cryptocurrency has been involved. Hacking is a common scene in cryptocurrency but this one is worse which violence has been made just to get the funds. So sad, RIP for the guy.
$400 might look small but it isn't in Nigeria. $400 is around 140,000 naira which is more than what many bankers earn in a month. Aside from the crypto ish, Nigeria is a lawless country and unfortunately, not even police officers can save him because they are even more dangerous than harm robbers. It is becoming a norm for police officers to search citizens phones in Nigeria and ones they discover bitcoin wallets that have money ( for many of them that know what bitcoin is), you cannot go free  Grin you will have to settle them or they will detain you.
Thats not make sense at all. life is more precious than any other thing on earth. But if the neighborhood is like as what you said its nowhere to run police should be the protector of civilians againt those lawless elements but base on what you portrayed here they are more dangerous compare to those thieves its very disgusting.
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March 03, 2020, 04:48:45 PM
 #40

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

in africa we have a lot of problems accepting that people can think very differently. From what I realized from this news, Mr. Iroro Wisdom Ovie who was murdered at his home was from the Peoples Democratic Party, from Abraka... and these guys from the Vikings confraternity, cult group probably murdered Mr. Iroro Wisdom Ovie because of political issues. Of course, in the middle of the act, there was a revelation that Mr. Iroro Wisdom Ovie's cell phone had $10,000, but I don't believe the group's initial intention was $10,000.

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March 03, 2020, 05:52:20 PM
 #41

Boasting about beautiful girlfriend and fat pay checks is not a right thing to do, especially when you live in a lawless country like Nigeria! You can't hide your beautiful girlfriend but you can definitely hide your finances! $10,000 USD in Nigeria is worth 3.6 million Naira, so you can understand how big that amount is for an average Nigerian. So the holder should have kept quite about it! But unfortunate death is always a Sad news! May his soul rest in peace!  

Wow 3 million of their hyperinflated fiat money that you need to carry in bags to buy something as trivial as a used car.
Even if he was killed for 10k it would still be such a stupid thing to die for. No money is worth defending with your life and taking someone's life for stupid 10k USD makes me doubt in humanity. You have to be worse than an animal to murder someone for a few dollars.


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March 03, 2020, 06:20:26 PM
 #42

It is sad to read this kind of story.  I believe whether it is in paper money or digital currency, we should be silent about how much we are holding. We never knew what is the intention of people around us, just like what the article is assuming about the victim's friend plotting all of those bad things just to have access to the cryptocurrency that the victim is holding in his mobile phone.  If the victim did not tell anyone about his holdings, that incident won't have happened.  So the lesson learned from this sad incident is to stay quiet about our crypto or cash holdings whether it is big or small.
We have to understand that we can't trust anything or anyone, especially when money is involved because even the person you consider as friend can betray you for the sake of money. It is the reason why we should be attentive on every actions that we are making because people can used it as an opportunity to exploit our funds. This kind of story can enlighten people, particularly those who tend to share everything with their friends or workmates, it can make them realize how it can affect their lives.

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March 03, 2020, 06:35:49 PM
 #43

Boasting about beautiful girlfriend and fat pay checks is not a right thing to do, especially when you live in a lawless country like Nigeria! You can't hide your beautiful girlfriend but you can definitely hide your finances! $10,000 USD in Nigeria is worth 3.6 million Naira, so you can understand how big that amount is for an average Nigerian. So the holder should have kept quite about it! But unfortunate death is always a Sad news! May his soul rest in peace!  


Infact really lawless country!
Right now as we speak we donot know if,the president (Muhammed BUhari )is the rightful person in Govt house or an impostor (by name Jubril).

***There have been series of capture photo on web where the 80 year's man  appear's to be under 65 year after his last visit to UK.

Well, i'm sorry for the victim. May his soul rest in peace.

Final note : when it comes to keeping my bitcoin i, prefer computer/notebook to tablet/smartphone. Alternatively, i can split & only transfer a small portion to any wallet associated to my smartphone.

Thanks
Soldierwitlittlefaith
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March 03, 2020, 06:57:52 PM
 #44

I guess this whole incident just further shows that people should be extremely careful and be mindful about the kind of people they discuss anything relating to crypto with,
Not everyone who ask or enquires about crypto has good intentions after all, people have to be extra careful indeed, this is very sad news.
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March 03, 2020, 07:02:08 PM
 #45

Boasting about beautiful girlfriend and fat pay checks is not a right thing to do, especially when you live in a lawless country like Nigeria! You can't hide your beautiful girlfriend but you can definitely hide your finances! $10,000 USD in Nigeria is worth 3.6 million Naira, so you can understand how big that amount is for an average Nigerian. So the holder should have kept quite about it! But unfortunate death is always a Sad news! May his soul rest in peace!  


Infact really lawless country!
Right now as we speak we donot know if,the president (Muhammed BUhari )is the rightful person in Govt house or an impostor (by name Jubril).

***There have been series of capture photo on web where the 80 year's man  appear's to be under 65 year after his last visit to UK.

Well, i'm sorry for the victim. May his soul rest in peace.

Final note : when it comes to keeping my bitcoin i, prefer computer/notebook to tablet/smartphone. Alternatively, i can split & only transfer a small portion to any wallet associated to my smartphone.

Thanks
Soldierwitlittlefaith

Pls don't post nonsense here, what has president Buhari got to do with this, all this rumour peddlers that spread fake rumour every where,
Nigerians are good at making mouth and bragging with little money they have,
I hope you have learned something from this incident,  go live like a good citizen of your country instead of making nonsense post.
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March 03, 2020, 07:13:18 PM
 #46

Well, that is very sad news and this can make us as warned and must be careful sometime. Because robbery now and theft are everywhere waiting someone to be the next victim. Bitcoin is valuable stuff we should extremely be careful about it like holding our own wallet.
I imagine now in my self and asking, that is not a good idea if you kill people just because of money.
Indeed, this awareness is very important to us.









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March 03, 2020, 08:26:58 PM
 #47

Human imagination and greed know no bounds. It's very sad what happened to this man. No matter how much money he had, nothing like this should happen at all. Unfortunately there are places in the world that people can kill for a watch, a pair of shoes or even branded sunglasses.

When it comes to disclosing the money we have, it doesn't matter whether we're talking about crypto or other currencies or valuables. We should always be careful who we tell about it, and preferably not tell anyone.

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March 03, 2020, 08:42:10 PM
 #48

General rule, dont tell them your stash. You dou dont know who to trust, this can be the example for networkers that flex their balances on social media.
They are exposing their privacy and eventually loss their own security.
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March 03, 2020, 08:46:41 PM
 #49

Jumping on someone to get him to give you the seeds/private keys/passwords is the most stupid thing someone could do. If they were hackers, it must have been their last resort to accomplish the task. Roll Eyes

The most ridiculous thing to happen to any cryptocurrency Holder, although this was unfortunate for the victim to be killed just because of $400. He should have let it go and give it out to save his life, life is  more precious than the $10,000 if it was there in the victim wallet.  We shouldn't trust anyone beside ourself. Knowing fully  well that these miscreants will not get jail when caught, would have signal the victim in releasing the fund. May his soul rest in peace Brother.

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March 03, 2020, 08:47:27 PM
 #50

Of course, in the middle of the act, there was a revelation that Mr. Iroro Wisdom Ovie's cell phone had $10,000, but I don't believe the group's initial intention was $10,000.
Are you claiming that it was not a robbery and it was politically motivated and if that is the case it is a different story altogether but the reports coming out are different and i wont be believing everything what the news says as i have first hand experience about what a newspaper says and the reality of things but here in this case the news that is coming out says that one his friend knew about his BTCitcoins stored in his phone and while they entered his house to rob him he was able to identify the buglers and hence they shot him.
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March 03, 2020, 11:18:34 PM
 #51

General rule, dont tell them your stash. You dou dont know who to trust, this can be the example for networkers that flex their balances on social media.
They are exposing their privacy and eventually loss their own security.

Right, moving forward every crypto person should be quiet, there might be instance that you talk to someone in public and the term 'BTC' come up, but that's it, don't tell you have this x amount in the mobile phone in the wallet you carrying right now. Otherwise, this person will rob you in gun-point, specially if you resides in a country wherein there is a high crime rate such as robbery.

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March 04, 2020, 01:45:14 AM
 #52

Unfortunately, there are still people like him who even lies and boost there balance even if it wasn't the real amount of money on the crypto wallets. And that put him into danger. So, it wasn't $10,000 but $400.
 
 This can be a lesson learned for everyone here. Do not ever reveal your crypto wallet balances even with your closest friend. This is something private and we can't even tell what's on their mind.
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March 04, 2020, 04:27:15 AM
 #53

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

This kind of news is really sad to hear but this will be a big lesson for everyone not to tell how much worth of Crypto Currencies they posses because some people might get jealous and do bad things to you even if it is your own friend or anyone you know. Everyone should be vigilant these days because of those ill-minded people that not just lurk around the internet but also in the real world. The good thing in here, the robbers got arrested and will be brought to justice for what they do.
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March 04, 2020, 07:23:06 AM
 #54

The world is getting darker and darker with so many bad people in our communities. One thing that I can say is that we should never show off our assets and our properties. There is always someone bad there watching every step of ours to know whether it will be worth taking our properties or assets from us. Whatever happens, please give to armed robbers whatever you have on you because once you have life you have the strength and brain to make money.

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March 04, 2020, 07:27:00 AM
 #55

This is one of the reasons I stopped attending gathering that'll disclose my involvement in the cryptocurrency industry. Individuals who're involved in cryptocurrency are presume to be wealthy or living a comfortable life and at risked of getting harassed like the man who was shot dead was. May his soul RIP.

We're battling so many issues in my country, while others (enthusiast in other countries) can boldly present themselves as cryptocurrency enthusiast, you'll have to apply caution if you're a Nigeria as it'll definitely draw attention both from the law enforcement agencies and criminals (kidnappers and arm robbers).

We just have to be careful and avoid issues like this by playing it safe, keep a low key as well as keep your private safe. My condolences to the family of the deceased.

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March 04, 2020, 08:03:17 AM
 #56

It is strange that this is getting media attention, because people are getting robbed every day and it is not getting special attention.  Roll Eyes I guess the fact that they thought that this guy is having $10 000 worth of Crypto currencies on his phone, makes this news worthy.  Tongue

A lot of us are walking around with mobile phones, linked to Banking Apps that gives robbers access to all our money in our Bank accounts. So it is not just Bitcoiners that are vulnerable, because the money in your Bank accounts are just the same.

These criminals will cut off your finger to get your password and there are not a lot you can do about that. To prevent large losses, rather keep a high percentage of your coins in cold storage and do not talk about it.

You're a legendary member. So surely you know the difference between robbing someone from their banking app and bitcoin are not "just the same"

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March 04, 2020, 08:57:33 AM
 #57

That is sad news.

It is a lesson for us to be more careful to secure our wallet. We don't need to carry the wallet on the mobile phone with us, especially if we are not at home because that can attract bad people to try to steal the funds. As long as we don't tell other people about what is inside our mobile phone, and we don't tell them that we have crypto, we can feel safe.

Right now, the robbers or thief or whatever the name are smart, they know and read what is going on in real life and internet because they can search for anything they want. So we need to be wise in anything and still trying to protect what we have.

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March 04, 2020, 10:25:23 AM
 #58

That is sad news.

It is a lesson for us to be more careful to secure our wallet. We don't need to carry the wallet on the mobile phone with us, especially if we are not at home because that can attract bad people to try to steal the funds. As long as we don't tell other people about what is inside our mobile phone, and we don't tell them that we have crypto, we can feel safe.

Right now, the robbers or thief or whatever the name are smart, they know and read what is going on in real life and internet because they can search for anything they want. So we need to be wise in anything and still trying to protect what we have.
It's sad because the thief should understand that only he can unlock all the cryptocurrency assets, whereas now he as the owner of the wallet died because he was shot, it will be a treasure that can never be opened by anyone.

the thief should be able to think long enough to at least give time and be a little more forceful so as to make him despair and give access to his wallet.

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March 04, 2020, 12:42:30 PM
 #59

This is the main reason why I don't want to share my involvement in crypto to anybody around me even with my family.

In our country, incidences like that isn't happening right now but as more and more people will learn it the more chances that robbers and scammers will emerge and that can be a big risk to our life. Securing wallet? Not sharing Private keys? These are useless if you are boasting your Bitcoin to other people like you are a rich kid in the street. Just don't share your involvement in crypto at all in order for you to be safe. I know that sharing information about Bitcoin is good but there is a risk in your life if you are doing it.

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March 04, 2020, 12:54:01 PM
 #60

~snip~

The truth is sad that for money they do not mind destroying friendship and any ties that may have been generated, I think it is delicate to be saying that you have Bitcoin or Crypto, they are things that can never be aired, you should almost have anonymity, for security personal and even family many times.

In wallets from phones it is good to have it, but not with so much money, I think that you have to store large amounts in a wallet from the PC or Trezor, this way you avoid many problems.

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March 04, 2020, 02:48:01 PM
Last edit: March 05, 2020, 09:46:07 PM by Artemis3
 #61

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

This is one of the reasons people seek anonymity. Crooks may find out if you are stashing a large sum by investigating you socially or online. The sad thing is KYC is all over the place, and that information is prone to be stolen by third parties.

This is one of the problems with owning a hardware wallet, they attract attention. Its like in my country, where owning an iPhone is nearly a death sentence...

However a piece of paper with handwritten words, or a book where the seed words are carefully hidden in plain sight, and of course a lifestyle that doesn't attract attention, could let you survive in certain places.

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March 05, 2020, 01:13:07 PM
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 #62

This is a really sad news Sad. This is why it’s very wrong to go around making people know that you’re into cryptocurrency, because whether you have it or not, they will assume that you have a lot of cryptocurrencies stashed in your cryptocurrency wallet and might attempt to rob you if it’s possible.

You don’t even know those that are beside you. You shouldn’t go around telling everyone about cryptocurrency, there are already lots of articles and adverts that teaches everything about cryptocurrency, it’s up to learn about it. Just like me, I don’t tell people that I’m into cryptocurrency, but I do join crypto discussions, but I don’t tell them that I have, I just tell them what they need to know about cryptocurrency and nothing else. Whether I’m into cryptocurrency or not is none of their business, I keep it to myself.
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March 05, 2020, 01:28:52 PM
 #63

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP

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March 05, 2020, 01:31:53 PM
 #64

It's a sad one for the family of the victim. The state the crypto man was killed is known for many violence, due to marginalization by the Nigerian government as they are the one of the major oil producing state in the country, this violence is not justifiable. It's important we carefully choose our friends and never to tell any of them what we have in our wallet as we don't know who will be jealous of our asset. They wanted to steal his bitcoin as they think they won't be tracked by the government, but they failed in the operation.
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March 05, 2020, 01:51:31 PM
 #65

What we need to do to secure our asset and our life is not to talk about cryptocurrency and don't tell to any one your earnings especially in your friends that you don't really know well.  Because sometimes this is the reason why they will find ways to still our hard-earned money.  Much better to not tell the income we get in crypto currency so that we will be safe and not risk our life.
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March 05, 2020, 02:08:47 PM
 #66

damn this is really alarming because the crime involving crypto is increasing ,and having that 400$ is the root for killing ones life?
expecting $10,000 will surely disappointing them,this is why we need not to tell anyone about how much our wallet has,so this crime wont come in our part.

but piece of advice,if time comes this happens to you guys,please Give what they need and never resist because life is much important than anything else.

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March 06, 2020, 05:52:39 AM
 #67

damn this is really alarming because the crime involving crypto is increasing ,and having that 400$ is the root for killing ones life?
expecting $10,000 will surely disappointing them,this is why we need not to tell anyone about how much our wallet has,so this crime wont come in our part.

but piece of advice,if time comes this happens to you guys,please Give what they need and never resist because life is much important than anything else.
it could happen to anyone of us if we are not careful, even if we hold a little amount, we can't brag our holding as people are watching, remember that what we are holding now could be worth thousands of dollars or even millions in the future. Hopefully this would serve as a lesson for people who can't keep their holding private, remember it could cause lives.

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March 06, 2020, 10:05:37 AM
 #68

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

This is why we should never reveal to anyone our assets as we will not know what they are thinking especially if we have huge amount of money that will encourage the robber to rob you. This is kinda sad to hear that one of crypto lovers has died because of his assets.

As long as we are holding huge amount of money the danger is always there either we are holding a fiat or a crypto currencies. And I am pretty surprise that robbers nowadays are starting to upgrade also.

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March 06, 2020, 05:47:32 PM
Last edit: March 06, 2020, 06:12:10 PM by nelson4lov
 #69

This is the problem we have in African – particularly my country, Nigeria. There's a general perception that anybody that deals in cryptocurrencies is super rich and wealthy. Next thing you know, they try getting you to pay their bills, you refuse, they try to rob you. This is why I've kept my involvement in cryptocurrencies a secret on and off campus here in school . People in other countries are lucky though. It's worse here. I've experienced this on more than one occasion and it's wrong.

They just killed that man for nothing.  It is said that money is the root of all evil. Even close friends can gang up against their very own friend in situations like this. At best, It isn't recommended to publicly declare one's crypto worth. 

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March 06, 2020, 06:05:59 PM
 #70

I'm sure there won't be any thing the law enforcement is going to do do about this since crypto isn't legalized in Nigeria. Read sometimes ago about kidnappers asking for BTC as ransom.
I think the best way is to remain anonymous and not let any one especially strangers know you're into cryptocurrency.
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March 06, 2020, 06:10:13 PM
 #71

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.

This is such a sad news, it is important to never tell anyone the value of your coins and if you live in a dangerous zone it may be desirable to not tell people about your involvement in cryptocurrencies at all since many people believe that those holding bitcoin are rich when in most cases that is not the case and it could make a you a target of different crimes, it is really upsetting that people get to the extreme of taking someone else life just to get some money.

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March 06, 2020, 10:06:04 PM
 #72

This is the reason why I don't like people knowing that I am using Bitcoin in the first place because you never know who you gonna trust. It's better to be an anonymous than telling people that you are using Bitcoin. There are other ways to show them or introduce them about Bitcoin to promote adoption.

3996
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March 07, 2020, 01:24:40 AM
 #73

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP

yeah, one thing is reading about it after the fact, and another very different beast is the rush of emotions you get when being held at gun point. This guy probably felt so attached to his savings he preferred to give a fight, but as you say, at what cost?
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March 07, 2020, 06:35:05 PM
 #74

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP
But, what he could have done when they believed he has 10k while he actually had only 400 as I was reading the article and the victim's friend was involved and he told the suspects that Iroro has 10k and when he caught beaten and tortured he only could give them 400 which is all he had. I believe what could save such things is the punishment must be severe and something like shot dead on the eye because if you can beat and kill someone for money then there is no reason there should be mercy shown towards you.

I often read that an eye for an eye will make the whole world blind, but then if there is no eye for an eye then there would be no fear among such criminals and such cases will only increase.

I feel so upset and angered for the little kids who lost their father for money, seriously something is wrong with people now days.

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March 07, 2020, 07:09:05 PM
 #75

Very sad to hear this news , one should understand that .
Never , Never in any circumstances let people know how much money you have and how much you are capable of earning.
People doesn't get targeted by chance , it is something to do with the time when you told one of your close friends that you have millions of dollars in your mobile and someone overhead.
You know how they say .

Keep quiet let the success make the noise .

Please people take care of your personal safety.

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March 07, 2020, 07:27:07 PM
 #76

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP
But, what he could have done when they believed he has 10k while he actually had only 400 as I was reading the article and the victim's friend was involved and he told the suspects that Iroro has 10k and when he caught beaten and tortured he only could give them 400 which is all he had. I believe what could save such things is the punishment must be severe and something like shot dead on the eye because if you can beat and kill someone for money then there is no reason there should be mercy shown towards you.

I often read that an eye for an eye will make the whole world blind, but then if there is no eye for an eye then there would be no fear among such criminals and such cases will only increase.

I feel so upset and angered for the little kids who lost their father for money, seriously something is wrong with people now days.

We had some discussion recently, people used to accept the behavior standard that their childhood neighbour have. For example, in old generations, if all the childrens father beat their children, then they will accept it as acceptable and will not hate their father. Similarly, if a child grows up in an environment that is full of violence, they will accept such action as acceptable too

We don't have universal living and education standard, especially family education environment, so everyone holds different view towards the same thing. Setting up heavy punishment will only stop those grew up in gentle environment but not those grew up in harsh environment

The only thing you can do is to strengthen your own defense, which unfortunately increased the distance between people

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March 07, 2020, 07:28:29 PM
 #77

This is a really sad news Sad. This is why it’s very wrong to go around making people know that you’re into cryptocurrency, because whether you have it or not, they will assume that you have a lot of cryptocurrencies stashed in your cryptocurrency wallet and might attempt to rob you if it’s possible.
This also puts weight on why it is important to be as anonymous as possible from online world, I mean there are stalkers who once believe that you have a big amount of bitcoins will stalk your profiles and might even chase you down and it's a disastrous situation where you don't even have that much bitcoins which they believe you have and at least with cash thefts they can take what you carry with you and at least won't kill you.

I really think people should never brag about their involvement in crypto to people they don't know be it online or offline because you don't know if your best friend can stab you from back once they know you have a lot of money.

It is better to show yourself as moderate as possible even if you are rich, that saying has proved itself once again.

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Sebas.tian
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March 07, 2020, 08:47:21 PM
 #78

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP

Indeed in such situations like that of the victim, one would easily forget what should have been done at the moment. I faulted the victim because, having such amount of funds in your wallet demand that you keep it to your or family ones and not to a total stranger. Example like me: I have much friend from different ethnic groups but keep this forum out of them, just to ensure my second source of income is not known to them. Not that they're not aware of Bitcoin but me participating on forum campaigns to earn Bitcoin or other altcoins to my wallet. Let's be mindful of our actions in giving out secrets to strangers.

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March 07, 2020, 09:29:04 PM
 #79

A lot of us are walking around with mobile phones, linked to Banking Apps that gives robbers access to all our money in our Bank accounts. So it is not just Bitcoiners that are vulnerable, because the money in your Bank accounts are just the same.

I was thinking the same , but i guess these robbers just want to be safe with anonymous transfer of funds. Bank can easily trace such transfer of funds using mobile banking apps (I'm not sure if there are another options to rob your funds in your bank account without being traced).
Anyway, this is a very sad news indeed. This is a desperate robbery, chances are, the robber knows this person personally because he knows that the victim are into cryptocurrency and was stashing cryptos in his phone.

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March 08, 2020, 07:43:52 AM
 #80

damn this is really alarming because the crime involving crypto is increasing ,and having that 400$ is the root for killing ones life?
expecting $10,000 will surely disappointing them,this is why we need not to tell anyone about how much our wallet has,so this crime wont come in our part.

but piece of advice,if time comes this happens to you guys,please Give what they need and never resist because life is much important than anything else.
I agree that money must be way more important than money, because money can be earned when you live but life cannot be earned when you are not existent. I really don't know why he resisted when he saw 4 people are there and they have weapons, personally I would never ever resists in such situations because it does not even make sense. But that said, these 4 criminals must be hanged to set an example.

I heard there is some poverty in Nigeria as half of the population is below poverty line but killing someone for $400 must be seriously ill-minded and there is no way killing the person would benefit them in any way.

Please if anyone has any link on the judgement of these suspected criminals, like what punishment was given to them please link me to that article.
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March 08, 2020, 07:57:07 AM
 #81

This news is sad and also puts us on alert for being crypto users. Some think that by handling Bitcoin we are millionaires and it is not true. Not everyone who has Bitcoin is millionaires. We are just a community that is growing the ecosystem.
It is true that we must be careful with who we share our interests in Bitcoin and crypto. Anonymity may be the best option.

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March 08, 2020, 08:07:06 AM
 #82

Nigerian Man Shot Dead by robbers to access his mobile phone with crypto

Quote
“Investigations so far have also revealed that the bosom friend of the victim arrested had hinted one of the suspects of the discovery of $10, 000 in the victim’s Bitcoin wallet and then contacted the other suspects for the robbery operation. “From the confessional statements of the suspects, their intentions for carrying out the operation was to dispossess Iroro of the $10, 000 in his Bitcoin wallet but were disappointed to find out that what was left when they struck was $400.

Read more at: https://www.vanguardngr.com/2020/02/4-arrested-over-killing-of-delta-pdp-member/

I don't want to bring this news, but I guess everyone in crypto should understand the dangers whether online and offline. And another sad thing is that the man doesn't have $10k, but rather $400.

Also, we need not to tell anyone of our bitcoin stash, otherwise others might be tempted to robbed us as what happen here.


Trust is really a major issue when we talk about money especially in the crypto world. It is sad to hear that your friend had planned the robbery after hinting that you have a large sum of money in your Bitcoin wallet. The killing was brutal, unethical, and unmerciful. The victim had $400, not $10,000. He had two children and just imagine how his long, hard-earned money, turned into something that can destroy the family's future.

This is a reminder that we must never show anyone even those we call "friend", our Bitcoin wallet. Robbers, of any sort had even upgraded and can even see your transactions through unstable and unprotected banking and transacting apps. To avoid crime and accidents like this, we must be very careful of whom we trust and to not let anyone see our wallet. Our lack of caution and too much trust can even lead us to our own perish.

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March 11, 2020, 03:20:34 PM
 #83

If life is not there, then what is the need for money? As the police station was nearby, he could've just gone there and asked for help. Though in situations like these, one hardly knows what to do next, and he did what he thought would be best for the time being. RIP
But, what he could have done when they believed he has 10k while he actually had only 400 as I was reading the article and the victim's friend was involved and he told the suspects that Iroro has 10k and when he caught beaten and tortured he only could give them 400 which is all he had.
This, he gave away what he had but those people were not letting him go because they believed he had a lot more money with him because his friend betrayed his trust and for some reason believed he had 10k with him, this is important never tell anyone no matter how much you trust them how much money you are holding in your bitcoin wallet, the world is full of people like that which will try to take what it is rightfully yours and they will not care about the means they use to do it.

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April 20, 2020, 04:17:55 PM
 #84

The most idiotic thing anybody can do is to bounce to somebody to give you a seed, private key, secret key. On the off chance that they were programmers it was certainly their final retreat to take care of business.
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April 20, 2020, 04:45:15 PM
 #85

This news is sad and also puts us on alert for being crypto users. Some think that by handling Bitcoin we are millionaires and it is not true. Not everyone who has Bitcoin is millionaires. We are just a community that is growing the ecosystem.
It is true that we must be careful with who we share our interests in Bitcoin and crypto. Anonymity may be the best option.
if we want Bitcoin to be increasingly known, being anonymous is very difficult!!  especially if you are an influencer..  during a crisis like this, people become greedy and emotional because of high unemployment, crime rates like robbery are sure to increase and will increase especially in poor countries.  being humble, not too flashy and hiding the truth (how much Bitcoin you have) is the best option..

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April 20, 2020, 04:54:12 PM
 #86

This can happen in almost any country. I heard stories of masked people at gunpoint causing one trader to give them a large amount in bitcoins, as well as stories of torture in order to gain access to cryptocurrency.
If you are an ordinary person, do not pretend that you have a cryptocurrency. If this has already happened, create a fake backup of the keys to the wallets on which you will store an extremely small amount for robbers.

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April 20, 2020, 10:22:57 PM
 #87

Sad to hear that people are still robbing people at gunpoint these days, this is such a rare occurrence in my country that I'm not even sure it happens at all.

I guess not everybody is so lucky.

Glad to see that these apps make it practically impossible for muggers to get away with the money though, if it was cash in his wallet or a credit card they would have been home free by now, but the security of these wallets kept them at bay. All that money is probably completely lost now though, since nobody will be able to login to the wallet to recovery his funds.

You'd be surprised. Ever visited Brasil or other latin american countries? If you talk to locals you'll realize how widespread such practices still are...
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